- Report: Eastern conference executive says Andre Drummond ‘definitely out of Cleveland’
- Former NBA executive discloses how much Cavs would likely pay Jarrett Allen in long-term deal
- Andre Drummond has hilarious reaction to finding out Cavs traded for another center in Jarrett Allen
- Report: Cavs waive 2 players in aftermath of blockbuster James Harden trade
- Report: Cavs acquire Jarrett Allen and Taurean Prince in blockbuster James Harden deal
- Report: Cavs helping Kevin Porter Jr. ‘get his life together before putting him on the court’
- Report: Cavs reveal MRI results of Collin Sexton’s latest injury
- Report: Cavs considered adding Jeremy Lin before signing Yogi Ferrell
- Kevin Porter Jr. highlights relationship with Carmelo Anthony as he remains away from Cavs
- Report: Steve Nash continues to have no update on Kyrie Irving’s mysterious absence from Nets
Cavs News: LeBron James to Opt out of Contract and Become Free Agent for 2016-17 Season
- Updated: June 29, 2016
According to Chris Broussard of ESPN, LeBron James reportedly plans not to exercise his player option and will become an unrestricted free agent for the 2016-17 NBA season. James was due to make $24 million in 2016-17. Now, he will likely look to get a new contract signed for max money.
LeBron James will not exercise his player option with the Cavs for next season, according to agent Rich Paul. Deadline was Wed @ midnight
— Chris Broussard (@Chris_Broussard) June 29, 2016
After his brilliant performance in the NBA Finals, the four-time MVP has earned it. James has fulfilled his promise by finally bringing a championship banner to “The Land” and now he’s due for a hefty reward. James’ agent, Rich Paul, told Broussard that James will be back in Cleveland next year and that there is no timetable for a deal.
Due to the increase in the salary cap this year, James is reportedly expected to command upwards of $30 million next season. The three-time champion certainly deserves that kind of money and the Cleveland Cavaliers will surely be willing to oblige. As of now, nothing is official, but it looks like James will be back in a Cavs uniform next season, leading the way to another appearance in the NBA Finals.